Equity funds focused on property sector rebound in 2012, but managers raise concern over lack of visibility. Despite data showing a strong performance bounce in the first half of 2012 compared to the past two years, global property equity fund managers remain ‘uncertain’ over future prospects due to a faltering US recovery and questions over future growth in China.
Global property equity funds saw a sharp rebound in the first half of 2012, up 12.6 per cent in the first six months of the year compared to a 7.8 per cent decline in 2011 and a fall of 10.5 per cent in 2010, S&P Capital IQ fund research has revealed...............................................Full Article: Source